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Late submission of articleship fees (Students)

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This query is : Resolved

Author : Anonymous

( Author )
03 January 2013

sir,i hd join articleship on 31st october 2012 but submitted fees in december .institute has registered me as from 15 december.
is this correct?????


Ajay Mishra

( Expert )
03 January 2013

Hi


It should be filed within 30 days from the commencement of the articleship. Your articleship form should be completed till 30th nov, 2012. After that you will pay additional fee.


Ajay Mishra

( Expert )
03 January 2013

In case Form No. ‘103’ is not submitted to the Institute’s Office within 30 days from the date of commencement of training, the procedure laid down by the Council for condonation of delay in submission of forms will apply.
Delay Corresponding fees to be paid
30 days beyond specified period Rs. 100
31-180 days beyond specified period Rs. 300
Beyond 181 days Rs. 1,000


Ajay Mishra

( Expert )
03 January 2013

The requests for condonation should be accompanied by the appropriate forms, alongwith
prescribed fee, by way of Demand Draft/Local Account Payee Cheque, drawn in favour of The
Secretary, The Institute of Chartered Accountants of India, payable at the cities where the
Decentralised Offices of the Institute are located. The applicants are requested to enclose all
relevant information/documents necessary for condonation, alongwith the fee.
The Council also decided about the delegation of authority for condonation at various levels as
under:
Period of delay Authority

Upto 6 months DCO Head
6 months to 1 year Secretary
Above 1 year wherever applicable Vice-President/President
The above has come into force w.e.f. 1st April, 2002.

The Executive Committee at its 402nd meeting held in June 2002 decided that the cases for condonation of breach of Regulations 190(4) and 190(7) which are received by the office after/beyond 2 years of the period excluding the period of a month prescribed under Regulations be considered by the Executive Committee and that the Committee will decide on
case to case basis.


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